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1 November 2024 | 3 replies
The duty here would be created by virtue of any agreements they entered into, rules posted to follow, or by virtue of instructions given to them to operate the washing machine.
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3 November 2024 | 17 replies
Any insight on this topic will be appreciated.Hi George-My husband is Dominican and we operate a STR in Samana we built from the ground up.
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31 October 2024 | 0 replies
Hi All,When sourcing larger commercial deals, who are the brokers that you connect with most prominently and what markets do they operate in?
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31 October 2024 | 3 replies
If an operator had debt locked in, who cares what the value is if you aren't selling.
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31 October 2024 | 9 replies
Right now, there is probably very little cash flow, after operating expenses and vacancy.
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30 October 2024 | 10 replies
Our net operating income (NOI) margin is 54%.
30 October 2024 | 1 reply
The IRS requires the hours to be specifically in real estate trades or businesses, which typically means activities directly related to owning, developing, operating, or managing real estate properties.IRS Publication 925 outlines what counts as real estate trade or business activities, like development, construction, acquisition, management, leasing, and rental operations.
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3 November 2024 | 24 replies
(Mass Govt should be giving experienced landlords (5 years operating with at least one unit at profit as a buy and hold) zero down loans to house these people (in areas they currently live in--so they can stay close to friends and family), and free money to fix up the Brockton type area homes to modern standards inside.
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1 November 2024 | 17 replies
I always go in with a simple offer of this is the rent, and we are also comfortable giving you a (insert something you need to do anyways like a basic, white paint job or a new appliance).This is one of the most uncomfortable parts of the business though, and the quicker you get over being able to have these conversations, the quicker you will be successful in this business.
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31 October 2024 | 12 replies
I would say today 40-50% of your income goes towards normal operating expenses. 50% if you want to include replacement reserves which you should.